The British construction sector remained in expansion territory for the third straight month in April as rising volumes of commercial and civil engineering work were largely offset by a steep decline in the housing activity, survey results from S&P Global showed Friday.
The Chartered Institute of Procurement & Supply construction Purchasing Managers' Index, or PMI, rose slightly more-than-expected to 51.1 in April from 50.7 in March. The expected reading was 51.0.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.